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Overview of the Best Districts of Metz for Buying Property

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Written by Kittenproperties

22.08.2023

Introduction

Metz is a charming city in the northeastern part of France, known for its rich history, stunning architecture, and a unique blend of German and French culture. When looking to buy property in Metz, there are several districts that stand out for various reasons – be it historical significance, proximity to amenities, or potential for investment growth. In this comprehensive overview, we'll delve deep into the best districts of Metz for buying property.Metz is not only a pivotal historical and cultural nexus in France but also a rapidly evolving modern city that presents a plethora of opportunities for real estate investors and homebuyers alike. From its majestic gothic cathedral to its modern infrastructural developments, each district tells its own unique story. Let's take a deeper dive into the various facets of this vibrant city.

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Historical Background of Metz

Metz, with its cobbled streets and medieval landmarks, holds an important place in France's history. The city, which dates back over 2,000 years, has witnessed several epochs – from Roman reign to Medieval ages, and from the German annexations to becoming an integral part of France. Understanding the city's history provides a unique perspective on its districts and their significance.

Factors to Consider When Buying Property

When purchasing property in any city, there are essential factors to keep in mind:

Proximity to Amenities

Consider the closeness to schools, hospitals, markets, and public transport.

Safety and Security

Some districts might have lower crime rates compared to others.

Historical Value

Properties in historical areas can have a higher value and can also offer unique architectural elements.

Investment Potential

Some districts have the potential for higher ROI in the future based on development projects or increasing demand.

Top Districts for Property Investment

Sablon

Sablon is a serene and family-friendly district. The area, known for its green spaces like the 'Jardin du Sablon', also offers numerous schools and recreational facilities. Properties here are often spacious and are ideal for families.

Metz-Centre

As the heart of the city, Metz-Centre boasts of historical landmarks such as the Metz Cathedral. Living here means being amidst the hustle and bustle of the city, with every amenity at your doorstep. While properties can be pricier, they come with the advantage of location.

Plantières-Queuleu

Plantières-Queuleu strikes a balance between urban living and nature. It's a district that's perfect for those who wish to be close to the city center but still want a touch of greenery. Properties here are diverse, ranging from apartments to townhouses.

Nouvelle Ville

Nouvelle Ville is the newer part of Metz, characterized by modern architecture and infrastructural developments. For those looking for contemporary styled homes with all modern amenities, this district is an excellent choice.

Borny

Once an industrial area, Borny is undergoing significant transformation. With several development projects in the pipeline, properties in Borny are currently more affordable, making it ideal for investors eyeing long-term appreciation.

The Allure of Metz: A Snapshot

Metz, located in the Grand Est region, has always been a crucial strategic point because of its location. The River Moselle gracefully winds its way around the city, adding to its picturesque nature. The city's allure isn't just in its historical or natural facets; its modern advancements and urban planning make it a coveted spot for potential property buyers.

Key Influencers in Metz's Real Estate Landscape

Economic Growth

With sectors like IT and service industries witnessing growth, there's an influx of professionals looking for housing.

Tourism

Being a historical city, Metz attracts numerous tourists yearly, driving demand for short-term rental properties.

University and Student Population

Home to some renowned institutions, the student population in Metz has consistently been on the rise, increasing demand for rental properties.

District-wise Breakdown

Sablon: The Garden District

Beyond its family-friendly ambiance and green spaces, Sablon is an architectural delight. The district is replete with art-deco style buildings, reflecting a period of rapid development in the early 20th century. The presence of several schools, coupled with its peaceful nature, makes Sablon an ideal spot for families.

Metz-Centre: The Heartbeat of Metz

The center's narrow streets echo stories of the past. Properties here have unique, historical features, and some have been transformed into chic modern living spaces without losing their original charm. The Place Saint-Louis and its surrounding areas are buzzing with cafes, boutiques, and artisanal shops, adding vibrancy to the district.

Plantières-Queuleu: Urban Meets Nature

The Plantières-Queuleu district, often likened to an urban countryside, is home to vast parklands and forests. It offers a tranquil escape from the hustle, yet is strategically close to the city's main amenities.

Nouvelle Ville: Modern Living

Nouvelle Ville, or the New City, signifies Metz's commitment to modernity. You'll find apartments fitted with the latest amenities, energy-efficient buildings, and commercial spaces that cater to the modern urbanite's needs.

Borny: The Rising Phoenix

The metamorphosis of Borny from an industrial area to a residential hub is noteworthy. It's a testament to Metz's vision of inclusive urban development. Property prices here are competitive, and with the ongoing developments, it's a district to watch for investors.

Future Trends in Metz Real Estate

Sustainable Housing

With the global shift towards sustainability, Metz is seeing a trend towards green housing solutions – properties with energy efficiency and sustainable materials.

Co-living Spaces

As the younger generation values experiences over ownership, co-living spaces, offering shared amenities and community living, are on the rise.

Digitalization of Real Estate

Virtual property tours, digital documentation, and AI-driven property recommendations are shaping the future of real estate in Metz.

Conclusion

Metz, with its blend of history and modernity, offers a diverse range of districts to choose from. Whether you're looking for an investment opportunity or a home to settle in, Metz promises a unique and enriching living experience.

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Frequently Asked Questions (FAQs)

1. How is the property tax calculated in Metz?

Property tax in Metz, like the rest of France, is based on the cadastral value of the property. It's essential to consult with local tax authorities or a property expert to get an accurate estimation.

2. Is Metz a safe city to live in?

Generally, Metz has a good safety record. However, like any city, some areas might have higher crime rates than others. It's advisable to research and perhaps speak to locals before buying property.

3. How well connected is Metz to other parts of France?

Metz boasts an excellent transport network. The city's train station offers high-speed TGV services, connecting it to Paris and other major French cities.

4. What's the average price per square meter in Metz?

Property prices can vary based on the district and property type. As of the last update, the average price hovers around €2,500 per square meter, but this is subject to change.

5. Are there any restrictions for foreigners buying property in Metz?

France is generally open to foreigners buying property. However, it's essential to be aware of the legalities and perhaps consult with a local real estate agent to ensure a smooth transaction.

6. How has the COVID-19 pandemic affected the property market in Metz?

Like many cities globally, Metz saw a temporary slowdown during the peak of the pandemic. However, the city has shown resilience with demand rebounding, especially in suburban districts as people seek more spacious living options.

7. Are there co-working spaces in Metz for professionals?

Absolutely! Metz has seen a rise in co-working spaces, catering to freelancers, remote workers, and startups.

8. How does Metz compare to other French cities in terms of property prices?

Compared to cities like Paris or Lyon, Metz offers a more affordable real estate market. It provides a blend of historical and modern living at a relatively more accessible price point.

9. Are there any historical property preservation guidelines in Metz?

Yes, given its rich history, certain areas in Metz have preservation guidelines. It's vital to consult with local authorities before making modifications to properties in these zones.

10. How is the rental yield in Metz?

Rental yield varies based on the district and property type. However, with the influx of students and professionals, rental properties, especially in the city center and near educational institutions, have seen favorable yields.

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